#22504732, Spencer Mannes, Listing office: CORE Real Estate
Property details
About 3500 W Hughes Pl
Discover this investment opportunity in Sioux Falls, SD. This assembled portfolio of twin homes, built in 2004 and owned by one owner, boasts a history of strong occupancy. The portfolio includes the following addresses: 3500 W. Hughes Place, 3502 W. Hughes Place, 3512 W. Hughes Place, 3514 W. Hughes Place, 3516 W. Hughes Place, 3518 W. Hughes Place, 3600 W. Hughes Place, and 3602 W. Hughes Place. All the properties are located in a homeowner’s association (HOA). Please contact listing broker for details. NOTE: The seller prefers to sell the properties as a complete portfolio. These twin homes are ideally situated near schools, restaurants, retail shopping centers, and major highways, ensuring potentially consistent tenant demand, Each unit averages approximately 2,400 sq. ft. and features 4 bedrooms, 3 bathrooms, and attached two-stall garages. Current monthly rents range from $1,600 to $1,850, with potential for increases. New roofs in 2023 and the exteriors were painted in 2024. The portfolio consists of 8 rentable units, comprising 4 twin homes. The properties are located near retail stores along Louise Avenue, one of Sioux Falls’ busiest commercial corridors. The area offers a variety of dining options, from fast food to casual dining and local favorites. Platinum Valley Park provides green space, a picnic area, a ball field, and other recreational facilities, while healthcare needs are well-supported with Sanford Health and Avera Health facilities nearby. The property also benefits from easy access to I-29 and I-229, ensuring straightforward commuting. This offering represents a rare opportunity to acquire a strategically located, historically high occupancy residential portfolio in the thriving Sioux Falls, SD market.
Highlights
Home typeOther
HeatingForced Air
StatusActive
CoolingCentral Air
Year built2004
MLS #22408816
Attached garageYes
Summary
- Appliances: Refrigerator, Oven/Range, Dishwasher
- Flooring Type: Carpet
- Attached Garage: Yes
- Heating: Forced Air
- Cooling: Central Air
- List Price: $2,400,000
- Annual Tax Amount: $5,301
- Tax Year: 2023
- Directions: From Louise Ave, turn right onto W 81st St, then left onto S. Hughes Ave, then right on to Hughes Pl
- Year Built: 2004
- Stories: 1
- MLS Number: 22408816
- Office Name: Brooks Commercial Real Estate
- Office Phone: (605) 261-2215
- Office Email: jeff@brooks-commercial.com
- Listing Agent: Jeffrey Brooks
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. 
©2025 REALTOR® Association of the Sioux Empire, Inc. Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $255,358 | $5,301 |
| 2022 | $220,174 | $4,560 |
| 2021 | $195,602 | $4,159 |
| 2020 | $186,700 | $4,030 |
| 2019 | $179,280 | $3,875 |
| 2018 | $179,280 | $3,768 |
| 2017 | $150,881 | $3,282 |
History based on county public records data.
Nearby schools
6
Explorer Elementary School
Public District KG-5
0.4 mi
•4010 W 82nd St
7
Endeavor Elementary School
Public District KG-5
1.1 mi
•2401 W 95th St
5
Journey Elementary School
Public District KG-5
1.6 mi
•6801 S Grange Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,140. Residents of Sioux Falls, SD typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
20%
<35k
46%
35k-100k
30%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
37%
Single, No Kids
7%
Single, with Kids
31%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
25%
<11 yrs old
4%
12-17 yrs old
35%
18-34 yrs old
28%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
College Football
Pro Wrestling
Where do the neighbors shop?
BJs Wholesale Club
Express/Express For Men
Family Dollar
Where do the neighbors go to eat?
Panera
Sonic
Dominos Pizza
What do the neighbors drive?
Infiniti
Kia
Ford
What do the neighbors listen to?
Adult Hits
New Country
News/Talk/Information
All data provided by Home Junction and Claritas
Similar homes for sale
#22504069, Brady Timmer, Listing office: CORE Real Estate
#22505341, Angie Muth, Listing office: AMERI/STAR Real Estate, Inc.
#22504588, John Anderson, Listing office: Hegg, REALTORS
6 days on Rocket
#22505565, Cadin Buchholz, Listing office: Keller Williams Realty Sioux Falls
3 days on Rocket
#22505632, Reed Johnson, Listing office: 605 Real Estate LLC
#22504008, Diane Dahl, Listing office: Keller Williams Realty Sioux Falls
#22505136, Kory Davis, Listing office: The Experience Real Estate
#22505183, Anne Lawrence, Listing office: Keller Williams Realty Sioux Falls
#22505119, David Maske, Listing office: Hegg, REALTORS
Frequently asked questions
Living in Sioux Falls, SD
Transportation in Sioux Falls is facilitated by a comprehensive road network, including major highways that connect the city to surrounding areas. Public transit is available, with bus services covering key routes throughout the city. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. Bike paths and lanes are also available for cycling enthusiasts. While specific ride-sharing services are operational in the city, their presence complements the existing transportation options, offering residents and visitors an additional mode of travel.
The community is served by a robust educational system, including numerous public and private schools that cater to a range of educational needs. Healthcare is well-supported with several hospitals and clinics offering a variety of services from emergency care to specialized treatments. Retail and dining options are plentiful, with local businesses and national chains providing a mix of shopping and culinary experiences that mirror the city's diverse character. Sioux Falls is also home to a network of public libraries that serve as educational and cultural hubs.
Sioux Falls is celebrated for its welcoming community spirit and the balance it strikes between urban amenities and natural beauty. The city prides itself on its well-maintained parks, including the iconic Falls Park, which serves as a focal point for both residents and visitors. Annual events such as the Sioux Falls JazzFest and SculptureWalk add to the city's vibrant cultural scene, reflecting the community's appreciation for the arts and entertainment.
Sioux Falls presents a diverse housing market with a blend of residential options to suit various preferences. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles ranging from ranch to split-level and contemporary. The city also offers a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The housing development in Sioux Falls has seen various phases, with a notable number of homes constructed in the late 20th century.
About 3500 W Hughes Pl
The listing price of 3500 W Hughes Pl property is $2,400,000.
The property 3500 W Hughes Pl is a house located in Sioux Falls, South Dakota, 57108.
Active Listing: 3500 W Hughes Pl is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3500 W Hughes Pl are: Explorer Elementary School (GreatSchools Rating 6/10), Endeavor Elementary School (GreatSchools Rating 7/10), Journey Elementary School (GreatSchools Rating 5/10), Harrisburg North Middle School (GreatSchools Rating 6/10), Edison Middle School (GreatSchools Rating 4/10), Tea Area Middle School - 02 (GreatSchools Rating 6/10), Roosevelt High School (GreatSchools Rating 3/10), Harrisburg High School (GreatSchools Rating 4/10), Tea Area High School - 03 (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $5,301 (source: MLS/based on county public records data).
The property at 3500 W Hughes Pl has 0 bathroom.
The year of construction for 3500 W Hughes Pl is 2004.
This home is located at 3500 W Hughes Pl in Sioux Falls, SD and zip code 57108. Features: 0 bathroom. It has been listed on Rocket Homes since December 9, 2024 and is currently priced at $2,400,000.
Between May and June 2025, Sioux Falls, SD real estate market has seen increase in the number of listings by 61%. The median list price of listings available in June 2025 was $377,750, while the average time on the real estate market was 62 days.
From Rocket Homes Real Estate and based on county public records data.